Black Friday and Cyber Monday
Ok, so black Friday and cyber Monday came and went but where did they start and what are their impact on todays retail income?
Black Friday is a name that originated in the USA around 1961, in Philadelphia to be exact. It was used to describe the heavy traffic, both pedestrian and vehicular that occurred after the Thanksgiving holiday. Later on around 1975 it spread to the rest of the US and the world and its explanation changed. It was said that retailers operated in the red until that Friday when their accounting books went from loss to profit.